Howteh Technology Co (ROCO:3114) Cyclically Adjusted Revenue per Share: NT$55.34 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:3114 Howteh Technology Co Ltd ROCO:3114
65 GF Score
Price NT$37.50
GF Value NT$28.53
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Howteh Technology Co Cyclically Adjusted Revenue per Share?

Howteh Technology Co ROCO:3114 -3.35% 65 Cyclically Adjusted Revenue per Share is NT$55.34 as of Mar. 2026. GuruFocus rates ROCO:3114 with a GF Score™ of 65/100 and a GF Value™ of NT$28.53 (Significantly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Howteh Technology Co's adjusted revenue per share for the three months ended in Mar. 2026 was NT$11.352. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is NT$55.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Howteh Technology Co's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Howteh Technology Co was 12.60% per year. The lowest was 4.80% per year. And the median was 9.25% per year.

As of today (2026-08-10), Howteh Technology Co's current stock price is NT$37.50. Howteh Technology Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was NT$55.34. Howteh Technology Co's Cyclically Adjusted PS Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Howteh Technology Co was 0.97. The lowest was 0.41. And the median was 0.55.


Howteh Technology Co  (ROCO:3114) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Howteh Technology Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=37.50/55.34
=0.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Howteh Technology Co was 0.97. The lowest was 0.41. And the median was 0.55.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Howteh Technology Co Cyclically Adjusted Revenue per Share Related Terms


Howteh Technology Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Howteh Technology Co's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Howteh Technology Co Cyclically Adjusted Revenue per Share Chart

Howteh Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.98 46.87 49.74 51.76 53.91

Howteh Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.46 53.45 53.81 53.91 55.34

ROCO:3114 vs GWW, FAST, FERG: Cyclically Adjusted Revenue per Share Comparison

For the Industrial Distribution subindustry, Howteh Technology Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Howteh Technology Co Cyclically Adjusted PS Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Howteh Technology Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Howteh Technology Co's Cyclically Adjusted PS Ratio falls into.


ROCO:3114
65GF Score
Howteh Technology Co Ltd ROCO:3114
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Howteh Technology Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Howteh Technology Co's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=11.352/330.2130*330.2130
=11.352

Current CPI (Mar. 2026) = 330.2130.

Howteh Technology Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.466 241.018 7.489
201609 8.728 241.428 11.938
201612 7.462 241.432 10.206
201703 6.235 243.801 8.445
201706 8.559 244.955 11.538
201709 9.940 246.819 13.298
201712 9.033 246.524 12.099
201803 9.526 249.554 12.605
201806 10.744 251.989 14.079
201809 16.227 252.439 21.226
201812 16.305 251.233 21.431
201903 14.793 254.202 19.216
201906 14.632 256.143 18.863
201909 15.961 256.759 20.527
201912 13.274 256.974 17.057
202003 12.025 258.115 15.384
202006 11.959 257.797 15.318
202009 11.032 260.280 13.996
202012 13.532 260.474 17.155
202103 12.626 264.877 15.740
202106 13.625 271.696 16.560
202109 14.666 274.310 17.655
202112 15.892 278.802 18.822
202203 11.540 287.504 13.254
202206 14.274 296.311 15.907
202209 12.308 296.808 13.693
202212 10.983 296.797 12.220
202303 9.065 301.836 9.917
202306 11.134 305.109 12.050
202309 11.787 307.789 12.646
202312 10.025 306.746 10.792
202403 9.673 312.332 10.227
202406 10.710 314.175 11.257
202409 9.768 315.301 10.230
202412 11.470 315.605 12.001
202503 9.913 319.799 10.236
202506 13.386 322.561 13.704
202509 11.215 324.800 11.402
202512 11.617 324.054 11.838
202603 11.352 330.213 11.352

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of NT$55.34 mean?
Howteh Technology Co (ROCO:3114) has a Cyclically Adjusted Revenue per Share of NT$55.34 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Howteh Technology Co and its competitors.
Is Howteh Technology Co's Cyclically Adjusted Revenue per Share too high?
Howteh Technology Co's current Cyclically Adjusted Revenue per Share is NT$55.34. Overall, Howteh Technology Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howteh Technology Co's Cyclically Adjusted Revenue per Share compare to GWW and FAST?
Howteh Technology Co's Cyclically Adjusted Revenue per Share of NT$55.34 can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Industrial Distribution company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Distribution industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Howteh Technology Co and its competitors. Howteh Technology Co's current Cyclically Adjusted Revenue per Share is NT$55.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howteh Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Howteh Technology Co (ROCO:3114) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.53, compared to a current price of NT$37.50 — trading 31.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is NT$55.34. Howteh Technology Co's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Howteh Technology Co (ROCO:3114), the current Cyclically Adjusted Revenue per Share is NT$55.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Howteh Technology Co (ROCO:3114) Overvalued in 2026?

Based on GuruFocus' analysis, Howteh Technology Co stock appears to be overvalued. The current stock price of NT$37.50 is trading 31.4% above its estimated GF Value™ of NT$28.53. GuruFocus considers Howteh Technology Co to be Significantly Overvalued.

Key valuation signals for ROCO:3114:

  • Cyclically Adjusted Revenue per Share: NT$55.34
  • GF Value™: NT$28.53 vs. price of NT$37.50 (31.4% above fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howteh Technology Co Business Description

Address 6th Floor, No. 25, Section 1, Dunhua South Road, Taipei, TWN, 105
Howteh Technology Co Ltd is engaged mainly in trading and agency business in passive electronic components, active electronic components, integrated circuit carrier board equipment, chemicals and raw materials, semiconductors and optical equipment. Its operating segment includes Taiwan Segment responsible for the agency sales of electronic components and process equipment in Taiwan; and China and South East Asia segment responsible for the distribution of electronic components in Eastern and Southern China (including Hongkong) and Vietnam. The majority of the revenue is derived from the Taiwan segment.
65GF Score

Get the complete analysis for ROCO:3114

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$37.50
Price
NT$28.53
GF Value